New Capital Enters Senior Housing: Health Wave Partners

In this episode, we sit down with longtime friend and industry veteran John Cobb to trace his journey from a successful run at Blueprint to launching Health Wave Partners—a new healthcare real estate investment platform backed by Macquarie Asset Management.

John shares how his career pivot led to co-founding a startup with serious momentum, the strategic advantage of building a complementary senior team, and why his investment focus is on core-plus, high-quality senior housing assets. We talk about the underestimated challenges of starting a new venture, lessons from assembling the right culture, and how AI is already streamlining due diligence in real estate.

Whether you’re an investor, operator, or just curious about where healthcare real estate is headed, this conversation offers an inside look at launching with intention, scaling with speed, and modernizing an industry still catching up to other asset classes.